REAL ESTATE

Retail leasing now complete for historic 841 Broadway in Manhattan
The Feil Organization announced Maison Kayser will bring its artisanal breads and baked goods to Union Square, signing a 15-year lease at the historic 841 Broadway for its eighth location in Manhattan, New York.

The bakery will occupy 3,000 sq. ft. on the ground and mezzanine floors of the 108,000 sq. ft., eight-level Romanesque building, completing its retail portion.
Canadian furniture retailer sets its sights on the U.S.
Just in time for Black Friday, Structube, a leading Canadian retailer of modern furniture, has launched its e-commerce site in the United States.

In addition to its online platform, Structube, which operates 47 stores in Canada, plans to open stores across the United States, starting in 2016.

Structube specializes in contemporary style furniture, and offers “high style/low priced” pre-assembled and easy-to-assemble products. The company says it caters to young professionals, condo dwellers and small businesses.

Sam Edelman opens second West Coast store

Sam Edelman continues to expand its West Coast retail presence.

The footwear brand turned lifestyle retailer opened a 2,896- sq.-ft. store Westfield Valley Fair Mall in Santa Clara, Calif. The new location is the second in California, and the largest of all Sam Edelman stores, including those planned to open in the next year.

Designed by Dagnell Folger of Architecture + Information, the store stays true to the Sam Edelman aesthetic with a mix of materials that includes reclaimed wood and raw concrete with rose-colored brass and black leather.
Fred's sails past pharmacy headwinds
Japanese retailer takes on Fifth Avenue—in a big way

Muji, the minimalist Japanese lifestyle brand, has opened its largest U.S. location yet, a two-level, 12,000-sq.-ft. flagship on Fifth Avenue near the New York Public Library.
Partnership acquires pair of grocery-anchored centers in same-day transaction

X Team International announced that Mountain West Retail and Investment and Newmark Grubb ACRES completed sales of two grocery-anchored properties same-day.

Canyon Center, a 51,914-sq.-ft. property in Sandy, Utah, is anchored by Smith’s and Shopko; the seller was Dee’s Inc., a third generation, family-owned real estate company, and the buyer was Pacific Castle, a Southern California-based institutional investor.
EDENS acquires Historic shopping center in Dallas

EDENS announced it acquired Casa Linda Plaza, one of the oldest shopping centers in the Dallas, Texas. The 323,000 sq. ft. center, was first opened in the late 1940s.

Casa Linda Plaza is located five miles northeast of downtown, situated on three of the four corners at the intersection of Buckner Boulevard and Garland Road. The center is anchored by Albertson's and Petco, as well as, mix of local and national retailers including Pie Wei, Torchy's Tacos, El Fenix Restaurant, Highland Park Cafeteria, and Elliott's Hardware to name a few.
Now Trending: It’s NOT the Internet, Dummy!

“Now Trending” is an exclusive online series to chainstoreage.com, featuring trending topics that impact the retail real estate landscape.

The narrative is a familiar one: the scourge of online sales, encroaching ominously on brick-and-mortar market share, continues to siphon sales and transform the retail industry into an increasingly virtual landscape. Over the last few years, nearly every retail sales drop or unexpectedly poor performance has been laid at the feet of the Internet.
Mid-America Real Estate arranges three new leases

Mid-America Real Estate announced three new retail leases recently signed.

New Bohemi signed a lease for 4,209 sq. ft. at Eagan Towne Centre located in Eagan, Minnesota off of Interstate 35. The 153,781 sq. ft. center is anchored by Cub Foods, Big Lots and Dollar Tree.

Title Boxing Club signed a lease for 3,495 sq. ft. at 55th and Lyndale located in Minneapolis. The 4,736 sq. ft. center is shadow-anchored by Walgreens, Midas, Enterprise and Kowalski’s.
THE COURT AT DEPTFORD

Project Owner: DLC Management Corp.

Company HQ: Tarrytown, New York

Project Location: Deptford, New Jersey

Project Size: 361,000 sq. ft.

Project Status: Open and operating

Company Website: www.dlcmgmt.com